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Wednesday, June 19, 2024

Songtradr Acquires AI Search Company Musicube

Songtradr recently announced the acquisition of AI metadata and music search company, Musicube. The transaction expands the company’s portfolio of tech-enabled music solutions designed to license the right music for any content, driving higher ROI and enabling brands to measurably engage their target audience. Using neural networks and proprietary artificial intelligence, Musicube’s semantic search has reached product leadership in both quality and data depth. It helps match music to content and a brand’s target audience. This technology further enhances Songtradr’s B2B music solutions that harness the power of data and tech-enabled intelligence with creative excellence.

“Musicube has approached audio analysis from an entirely unique perspective and this acquisition accelerates our mission to increase the value and effectiveness of music in content,” said Paul Wiltshire, CEO of Songtradr. “Their impressive team of passionate musicologists and data scientists understand the power of data and its relationship with music, which ultimately benefits our brand and agency customers as well as music rights holders. In order to have the world’s best B2B music search and recommendation technology, we need premier metadata enrichment technology, which is a key component of the B2B music supply chain. Adding the Musicube technologies, data and extraordinary team to Songtradr will help accelerate our enterprise customer user experience.”

Musicube’s proprietary software is delivered via web widgets and an API that provides pristine metadata at scale for music labels, publishers, music supervisors, among many other audiences. The technology also enables customers to search for tracks, playlists and artists based on audiences, moods, genres, vocal features, instruments, tempo and more, unlocking the true value of catalogs and rights.

David Hoga, CEO and founder of Musicube, said: “Songtradr is the most exciting music company we have seen in a very long time. We are incredibly happy to join this exceptional team of music lovers and technologists as every single conversation we have had can be characterised by both cordiality and an ambitious agenda. We share a common vision of an artist-friendly music industry, using data to achieve it.”

With a team of more than 350 people and offices in 12 countries worldwide, Songtradr has grown from being a music tech product for independent artists to a multi-disciplined, end-to-end solution for music buyers, brands and rights holders.

Songtradr’s unique portfolio of the world’s leading music services companies (Massive Music, Big Sync Music and Song Zu) alongside its industry-leading technology and data products (Songtradr, Tunefind, Pretzel, Jaxsta (investment only) and Musicube) provides its customers a distinct advantage to maximise the value of music in their projects.


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